DDS Form 4: SVP Phillip R. Watts buys 9 shares at $623.52

Rhea-AI Filing Summary

Dillard's, Inc. (DDS) disclosed an insider transaction by Senior Vice President Phillip R. Watts. On 10/27/2025, he acquired 9 shares of Common Class A at $623.52. After the transaction, his direct beneficial ownership is 8,914 shares. A separate line shows Common Class A held in a retirement plan at 10,317 shares.

Insider Trade Summary

Net Buyer: 9 shares

Net Buy 2 txns

Insider Watts Phillip R.

Role SENIOR VICE PRESIDENT

Type	Security	Shares	Price	Value
Grant/Award	Common Class A	9	$623.52	$6K
holding	Common Class A - Retirement Plan	--	--	--

Holdings After Transaction: Common Class A — 8,914 shares (Direct); Common Class A - Retirement Plan — 10,317 shares (Direct)

FAQ

What insider trade did Dillard's (DDS) report?

A Senior Vice President acquired 9 shares of Common Class A at $623.52 on 10/27/2025.

Who made the transaction reported by Dillard's (DDS)?

Senior Vice President Phillip R. Watts, as indicated by the signature line.

How many Dillard's (DDS) shares does the insider own after the trade?

Direct beneficial ownership is 8,914 shares following the reported transaction.

Does the filing show additional DDS shares in a retirement plan?

Yes. It lists 10,317 Common Class A shares under a retirement plan line.

What is the form type for this Dillard's (DDS) disclosure?

It is a Form 4 filed under Section 16(a), reporting insider transactions.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 10/29/2025 - 06:18 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Watts Phillip R.

(Last) (First) (Middle)

1600 CANTRELL RD

(Street)

LITTLE ROCK AR 72201

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
DILLARD'S, INC. [ DDS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SENIOR VICE PRESIDENT

3. Date of Earliest Transaction (Month/Day/Year)
10/27/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Class A	10/27/2025		A		9	A	$623.52	8,914	D
Common Class A - Retirement Plan								10,317	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ Phillip R. Watts	10/29/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.